Bitcoin gains 5% after Grayscale spot bitcoin ETF ruling


Bitcoin gains 5% after Grayscale spot bitcoin ETF rulingIt was last up 5.2 per cent at $27,491.

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<div class="paragraphs"><p>Representative image of a Bitcoin.</p></div>

Representative image of a Bitcoin.

Bitcoin gained over 5 per cent on Tuesday after a US court ruled that the Securities and Exchange Commission was wrong to reject digital asset manager Grayscale’s application for a spot bitcoin exchange traded fund.

It was last up 5.2 per cent at $27,491.



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